Kuster dodges press on student loan cancelation
Liberal economists Larry Summers and Jason Furman are blasting Joe Biden’s student loan debt cancelation because it will make inflation worse.
Furman notes, “Pouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning is reckless.”
And Summers said, “Student loan debt relief is spending that raises demand and increases inflation…It will also tend to be inflationary by raising tuitions.”
But Annie Kuster is refusing to comment on the plan.
NRCC Comment: “Annie Kuster knows student loan cancellation will fuel inflation, but she won’t let something like that get in the way of her track record of supporting Joe Biden 100% of the time.” – NRCC Spokeswoman Samantha Bullock